Finance

The financing side of your purchase gives you several options to consider:

How much per month?

For many people, the amount of the monthly payment is a pivotal factor in the purchase.
Knowing how much you want to allocate from your monthly budget is a key point to bring
up in your discussions with your dealer.

How much down payment?

Typically, loan providers look for a minimum down payment of 10 to 20% of the purchase
price. Having an understanding of your credit will help you determine which down payment
is likely to be required. Any extra amount you put down over the required down payment
will lower your monthly payment and loan amount.

How long for repayment?

The number of years, or the term, of your loan is another important consideration. Boats
are often financed for longer terms. Loan terms of 60, 84, 120, or even 144 months are
the norm in recreational lending.

What other products and services can I finance?

When you complete your purchase, you will have an opportunity to consider the inclusion
of optional protections and/or services in your financing which can enhance your boating
experience. These products include selected accessories, extended service and payment
protection plans. Since the benefit of these plans can extend those protections for several
years, it makes sense to include them in your financing for a very small increase in the
monthly payment.